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Japan Airlines (JAL) has agreed on the investment ratio of AGP with Japan Airport Building and ANA Holdings.
AGP will be delisted by consolidating 1,235,700 shares into one share. After delisting, JAL will have a 46.56% stake, Japan Airport Building will have 33.44%, and ANA Holdings will have 20%.
AGP was established in December 1965 as Japan Airport Power. The company supplies power to aircraft at 10 major domestic airports and is also involved in airport facility maintenance and product sales.